Based on daily data from the month, London reported the following in year-over-year comparisons:

Supply: +2.3%

Demand: +7.3%

Occupancy: +5.0% to 81.9%

Average daily rate (ADR): +6.2% to GBP156.47

Revenue per available room (RevPAR): +11.4% to GBP128.09

STR analysts attribute the performance to the holiday season. Daily data shows that New Year’s Eve was the strongest day of the month with RevPAR at GPB219.39 (+17.8%).

STR will release full December results later this month.

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.

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